Author Archives: Paul Ausick

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The 4 Stocks That Held the Market Down

July 24, 2014: Markets opened mixed again on Thursday as the DJIA once more lagged on weakness among some of the heavy-hitter blue chips. All three major indexes hovered around ...
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WMT strike Black Friday 2012

Walmart Employees Group Cites Simon’s Leadership Failures

A labor group made up of employees of Wal-Mart Stores Inc. (NYSE: WMT) has been pushing the company for nearly two years to raise its minimum annual wage for full-time ...
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Lenovo vibe smartphone

Why Verizon Earnings Beat AT&T

When AT&T Inc. (NYSE: T) reported earnings after markets closed Wednesday evening, the company said it added 634,000 new wireless subscribers in the second quarter bringing its total number of ...
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Natural Gas Inventory Posts Another Weekly Gain, Prices Remain Low

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 90 billion cubic feet for the week ending July 18. Natural gas futures prices ...
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June New Home Sales Collapse

The U.S. Census Bureau Thursday morning released data on new single-family home sales for June. Sales fell 8.1% month-over-month, to a seasonally adjusted annual rate of 406,000, from a downwardly ...
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Workers Won’t Miss Walmart U.S. Chief Bill Simon

Update: In a statement Thursday commenting on the departure of Bill Simon as President and CEO of Walmart USA, labor organization OUR Walmart highlights Simon’s failure to provide a ...
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GM Earnings Hammered Again by Recalls

General Motors Co. (NYSE: GM) reported second-quarter 2014 results before markets opened Thursday. The automaker posted adjusted diluted earnings per share (EPS) of $0.58 on revenues of $39.6 billion. In ...
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Caterpillar Cuts Costs to Boost Earnings as Outlook Softens

Caterpillar Inc. (NYSE: CAT) reported second-quarter 2014 results before markets opened Thursday. The heavy equipment firm posted adjusted diluted earnings per share (EPS) of $1.69 on revenues of $14.15 billion. ...
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Ford Mustang

Ford Earnings Get European Boost for First Time in 3 Years

Ford Motor Co. (NYSE: F) reported second-quarter 2014 results before markets opened Thursday. The automaker posted adjusted diluted earnings per share (EPS) of $0.40 on revenues of $37.4 billion. In ...
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AT&T Gives Up Revenue and Profits to Keep Customers

AT&T Inc. (NYSE: T) reported second quarter 2014 results after markets closed Wednesday. The telecom giant reported adjusted diluted quarterly earnings per share (EPS) of $0.62 on revenues of $32.6 ...
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The 4 Stocks That Weighed Down the DJIA

July 23, 2014: Markets opened mixed on Wednesday as the DJIA lagged on a weakness among some of the heavy-hitter blue chips. Tech stocks pumped up both the S&P 500 ...
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Camaro SS 2013

GM Adds Yet Another 718,000 Vehicles to Recall Tally

General Motors Co. (NYSE: GM) announced six recalls totaling 717,950 recent model vehicles Wednesday, just a day before the company is scheduled to announce second quarter 2014 earnings. The company ...
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Porsche Cayenne 2013

The 10 Most Appealing New Cars

Once a consumer drives a new car off the dealer lot, is the honeymoon just starting or just beginning to end? How gratifying is it for the new owner or ...
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Auto Companies Set to Invest $1 Billion, Add 3,800 Jobs

The state of Michigan's Economic Development Board announced late Tuesday that its Strategic Fund Board has approved state incentives for nine business expansions and community improvement projects and $6 million ...
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2014 F-150

GM, Ford Earnings Previews: Another Recall Rattles GM

Update: General Motors announced another six recalls on Wednesday, just ahead of the company’s scheduled earnings report on Thursday before the markets open. A total of more than 700,000 recent ...
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